• EP 09 | Adepitan Olumuyiwa: Cassava value chain -Opportunities & Development Prospect

  • Sep 2 2024
  • Length: 2 hrs and 39 mins
  • Podcast

EP 09 | Adepitan Olumuyiwa: Cassava value chain -Opportunities & Development Prospect

  • Summary

  • Nigeria is the largest producer of cassava in the world at about 60 million MT (forming 21% of global productions). But in spite of this the country is unable to satisfy to a good extent, local demand for cassava products let alone see substantial revenue from cassava value chain. Her production is root-focused and mostly for consumption, where the method of production less productive and the bulk of harvest going to waste. If explored fully, productively and efficiently the value chain, Nigeria could be seeing a total earnings of $3.4bn per annum. Even when the country pursue value addition, it exploits the least earning value added product of the cassava value chain, garri (cassava flakes) with export market $344k and domestic $62k. For instance, local demand for HQCF (High Quality Cassava Flour) is $215m and the export market more, at $1.4bn. Thus, Nigeria, for this reason among many others, fails to register among the globe's leading exporter of cassava root and value-added products. In 2018 Thailand led this by 6.4mT despite having 30mMT lesser output to Nigeria's. An experienced fellow in that industry, Adepitan Olumuyiwa discusses the value chain helping to understand the production, business, unique challenges in the field, products in the value chain why they are not being explored and ways to viably actualise their potential. Adepitan is based on Owo in Ondo, cultivating diverse cash crops cassava inclusive where he employs agribusiness with leverage of local resources to bring about community development. Olumuyiwa with his experience talks about the importance of the rural economy to national economic growth touching issues to address and enabling conditions to ensure to realise the capabilities of rural economy. He shares his challenges regarding farming and especially with sustainable land for long-term farming relating it to the challenges farmers face in general.
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